Hog futures fell to the lowest close this year on Thursday as meatpackers seized on low cash prices to slaughter swine at a record rate. Two new pork packing plants that opened in the Midwest in September have increased U.S.…
Blog Archives
GenX Plant to Supply Clean Water to Nearby Residents
State environmental officials are directing a chemical company to provide bottled water to 11 homes near its North Carolina plant. The state Department of Environmental Quality said Thursday that preliminary test results showed residential water wells containing the little-studied compound…
At the weekly livestock auctions held Wednesday at Norwood and North Wilkesboro 1,018 cattle and 1 goat were sold. Slaughter cows were mostly steady to 3.00 lower; bulls were $2.00 to $7.00 lower when compared to the previous week. Feeder…
GOP May Back Away from Estate Tax Repeal
The White House and GOP Congressional leaders are considering ditching estate tax repeal and other tax breaks that Democrats charge favor the wealthy. The idea is to pick up Democratic votes by shaping tax reform more toward the middle-class. Democrats…
Grain Prices Rise at NC Markets
Cattle: At the livestock auctions held Tuesday in Mt. Airy and Shelby a total of 767 cattle, 7 goats, and 36 sheep were sold. There were too few head last week to establish an adequate market trend. Demand was moderate…
Cattle Hit Six-Week High; Crude Jumps 93 Cents/Gallon
Cattle futures touched their upper daily limit on Wednesday, hitting a six-week high as cash-market prices rose. Meatpackers bought 636 head of cattle at the weekly online Fed Cattle Exchange on Wednesday morning for an average of $106.67 per 100…
